How To Fix CK697 - Standard cost estimate already released

SAP Error Message - Details

• Message type: E = Error

• Message class: CK - Product Costing Messages

• Message number: 697

• Message text: Standard cost estimate already released

Self-Explanatory Message

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• What is the cause and solution for SAP error message CK697 - Standard cost estimate already released ?

  The SAP error message CK697, which states "Standard cost estimate already released," typically occurs when you attempt to make changes to a standard cost estimate that has already been released in the system. This error is common in the context of cost accounting and product costing within SAP.
  Cause:
  
  Released Cost Estimate: The primary cause of this error is that the standard cost estimate you are trying to modify or reprocess has already been released. Once a cost estimate is released, it is locked for further changes to maintain data integrity and consistency in financial reporting.
  Incorrect Process Flow: Attempting to perform actions that are not allowed on a released cost estimate, such as changing the cost components or the valuation.
  
  Solution:
  
  Check the Status: Verify the status of the cost estimate in question. You can do this by navigating to the cost estimate in the system and checking if it is indeed marked as released.
  Unrelease the Cost Estimate: If you need to make changes, you may need to "unrelease" the cost estimate. This can typically be done using transaction code CKR1 (for un-releasing a cost estimate). However, this action may require specific authorizations and should be done with caution, as it can affect financial reporting.
  Create a New Cost Estimate: If un-releasing is not an option or if it is not advisable, consider creating a new standard cost estimate. This can be done using transaction code CK11N (Create Cost Estimate) and then releasing it once all necessary changes are made.
  Consult with Finance Team: If you are unsure about the implications of un-releasing or creating a new cost estimate, consult with your finance or controlling team to ensure compliance with internal policies and procedures.
  
  Related Information:
  
  Transaction Codes:
  
  CK11N: Create Standard Cost Estimate
  CKR1: Unrelease Standard Cost Estimate
  CK40N: Change Standard Cost Estimate
  
  
  Documentation: Refer to SAP Help documentation for detailed procedures on managing cost estimates and understanding the implications of releasing and un-releasing cost estimates.
  Authorization: Ensure that you have the necessary authorizations to perform actions related to cost estimates, as these are often restricted to specific roles within the organization.
  
  Best Practices:
  
  Always check the status of a cost estimate before attempting to make changes.
  Maintain clear communication with the finance team regarding cost estimate management to avoid conflicts and ensure compliance with accounting standards.
  Document any changes made to cost estimates for future reference and auditing purposes. 
  
  By following these guidelines, you should be able to address the CK697 error effectively.